Songwon Industrial Group (Ulsan, South Korea), the second largest producer of polymer stabilizers, today announced a large increase in second-quarter earnings and revenues with net profit surging 448.4% to 15.59 billion South Korean won ($14.1 million), Ebitda 37.5% higher at 35.74 billion won and operating profit more than double to 23.79 billion won....

South Korea's purified terephthalic acid (PTA) producers are once again seeking new trade routes after the European Union initiated antidumping investigations on 3 August, and China extended its antidumping duties of 2-11.2% for another five years starting 11 August....